CARROLL EDUCATION FOUNDATION INC
Mission Statement
To build financial support from our community and corporate partners to ensure excellence in education for all students in CISD. Funding teachers is the most tangible way we as a community can support not only our amazing teachers but all Dragon students as well. Help support Carroll ISD teachers by making a tax-deductible donation to the Carroll Education Foundation (CEF) today! CEF directly funds teachers the following 3 ways: End-of-Year Appreciation Gift for ALL Classroom Teachers: A financial gift given to EVERY classroom teacher, including Librarians, CARE, ESL and SPED teachers at the end of the school year. In 2025, teachers received $1,600! This financial gift is not in lieu of raises or support from the district, but an additional way we as the community can support our teachers. Teachers of the Year: Each campus Teacher of the Year receive a $1,000 cash award and the two district-wide Teachers of the Year receive a $5,000 cash award as a way to thank you for going above and beyond in Inspiring Excellence in our Dragons. Teacher Scholarships: Cash scholarships for Teachers and Paras who are going back to school to further their education at an accredited university.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.4% | 88.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.6% | 8.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
26.0% | 1.9% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.3 mo | 9.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.5% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
80.4% | 90.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
2.8% | 8.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-20.1% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.9% | 2.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $755K | $748K | $639K | 79.4% | 2 |
| 2022 | $735K | $937K | $635K | 76.6% | 2 |
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